OFF_MARKETGood Deal0 days on market

3506 54TH DRIVE W #202

3506 54TH DRIVE W #202, BRADENTON, FL 34210, Bradenton, FL 34210
$299,000

Listing Price

Property image 1
3506 54TH DRIVE W #202, BRADENTON, FL 34210
Loc: Bradenton, FL
Days Listed
0
Tax Assessed
$285k
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

Bayshore Elementary School

PK-5
0.9 mi away
2

Bayshore High School

8-12
0.3 mi away
2

Electa Lee Magnet Middle School

6-8
0.3 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.10%
Total ROI
25.1%
Cash Flow
$256/mo
DSCR
1.17
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Checking Access...

Haven AI

Analyzing property data...

Checking Access...

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-08-31Listed for sale$299,000$273
2024-12-19Listing removed$3,250$3
2024-08-04Price change$3,250$3
2024-06-21Price change$3,500$3
2024-04-12Listed for rent$3,750$3
2023-11-21Listing removed$0
2023-08-02Price change$3,500$3
2023-02-20Listed for rent$4,500$4
2023-02-08Listing removed$0
2023-01-17Price change$4,500$4
2022-12-12Listed for rent$4,000$4
2022-08-26Sold$251,600$229
2020-03-31Listing removed$290,000$264
2019-03-30Listed for sale$290,000$264
2019-01-01Listing removed$329,000$300
2018-12-27Price change$329,000$300
2018-11-15Price change$299,000$273
2017-11-02Listed for sale$329,000$300
2008-10-24Sold$356,300$325
2006-06-02Sold$756,100$689

Tax History

YearProperty TaxTax Assessment
2025$4,452.22$284,750
2024$4,967.63$317,900
2023$4,589.97$289,000
2022$4,045.25$247,500
2021$3,745.76$225,000
2020$3,760.85$225,000
2019$3,789.63$225,000
2018$3,789.63$278,000
2017$4,683.25$270,600
2016$3,546.48$270,600
2015$3,546.48$229,300
2014$3,546.48$208,451
2013$3,219.81$189,501
2012$1$189,501
2011$1$185,701
2010$0$176,878
2009$4,426.89$263,997
2008$4,272.84$266,038
2007$4,829.34$295,520
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
1,097
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $299,000Rent Basis: Modeled Estimate ($2,392/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $150/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.86%

NOI: $17,512/yr

Cash-on-Cash Yield
-1.6%

On $68,770 invested

DSCR Ratio
0.94x

Negative debt coverage

5-Yr Leveraged ROI
+86.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$233/mo
Homeowner / Hazard Insurance-$150/mo
Vacancy Reserve (5% of rent)-$120/mo
Repairs & Maintenance (10% of rent)-$239/mo
Property Management (8% of rent)-$191/mo
Total Pure Operating Expenses-$933/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,392/mo
Less: Operating Expenses-$933/mo
Net Operating Income (NOI)+$1,459/mo
Less: Debt Service (30yr @ 6.75%)-$1,551/mo
Net Cash Flow
$-92/mo
$-1,106/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Bradenton.